#数字货币市场洞察 A bloodbath is unfolding! Ethereum loses the $3,000 support line 💥
On December 7, ETH broke below the critical $3,000 mark. What’s even worse is that the legendary whale (address 0x9ee) who once publicly bet against a well-known exchange founder has really crashed this time.
His ETH long position is worth $154 million, and his unrealized loss has now ballooned to $13.55 million. Things aren’t much better with XRP, where he’s lost $11.38 million. Add them together? That’s a staggering $24.93 million wiped out.
The irony is, this big player previously made $10.66 million by shorting ASTER, basking in the spotlight for a while. But after closing that trade in November, he impulsively went high leverage long on ETH and XRP. With the market heading south, he went from a winner to a lamb to the slaughter.
Here’s the most dangerous part: his ETH liquidation price is stuck at $2,497. At this rate, if that level is breached, the resulting chain reaction will make things even uglier.
The lesson is simple—having a lot of money doesn't mean you can handle risk. So what if you get the direction right? If you’re over-leveraged, a single pullback can send you from heaven to hell. Whether you’re a retail trader or a whale, risk management is always more important than betting big.
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#数字货币市场洞察 A bloodbath is unfolding! Ethereum loses the $3,000 support line 💥
On December 7, ETH broke below the critical $3,000 mark. What’s even worse is that the legendary whale (address 0x9ee) who once publicly bet against a well-known exchange founder has really crashed this time.
His ETH long position is worth $154 million, and his unrealized loss has now ballooned to $13.55 million. Things aren’t much better with XRP, where he’s lost $11.38 million. Add them together? That’s a staggering $24.93 million wiped out.
The irony is, this big player previously made $10.66 million by shorting ASTER, basking in the spotlight for a while. But after closing that trade in November, he impulsively went high leverage long on ETH and XRP. With the market heading south, he went from a winner to a lamb to the slaughter.
Here’s the most dangerous part: his ETH liquidation price is stuck at $2,497. At this rate, if that level is breached, the resulting chain reaction will make things even uglier.
The lesson is simple—having a lot of money doesn't mean you can handle risk. So what if you get the direction right? If you’re over-leveraged, a single pullback can send you from heaven to hell. Whether you’re a retail trader or a whale, risk management is always more important than betting big.